BTC Update 14th June 2pm GMT

in #steem6 years ago

From: Cryptoland Elite

#BTCUPDATE
Overall Accumulation Schematic (Wyckoff Events).. BTC is in the final dip of phase 3, now the precise bottom is controversial so expect the dip to continue for a little longer, we're mainly looking for a bounce with conviction in order to prove the reversal occurring.

There is hope for the coin and we should see it hitting new highs in this supercycle! Volume spring has occurred so expect more volatile movement than this recent month of sideways movement.

imageOnce market sentiment gets ridiculously bearish expect a reversal! Just like how the entire market was bullish at 20k and we saw a reversal!

Expects shorts to be squeezed out in the coming months as bitcoin finds a bottom.

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